Scott Blotter Provied help in Bankruptcy Attorney
05/15/2011

Salt Lake Bankruptcy Attorney : Bankruptcy attorneys handle all aspects of bankruptcy law and provide legal methods for an individual or commercial enterprise/business.

Online PR News – 15-May-2011 – – Salt Lake Bankruptcy Attorney : Bankruptcy attorneys handle all aspects of bankruptcy law and provide legal methods for an individual or commercial enterprise/business to either wipe out debts by liquidating assets and distributing them among creditors or resolve them by developing a court-approved reorganization plan, or other plan involving the repayment of creditors over time.

Bankruptcy May Not Be the Solution for You

Bankruptcy is an extremely powerful debt relief mechanism that will immediately stop all creditor calls, collection harassments, collection activity, paycheck and wage garnishment, automobile or other personal property repossession. It will also postpone or end all foreclosure proceedings on your home, and will usually eliminate most of your debts while giving you a fresh start in life. Bankruptcy is the dawn of a new day. The weight of the debts incurred prior to bankruptcy will be gone, leaving you free to start anew.

Bankruptcy is not the best option for everyone. Our aim is not to try to convince you to file bankruptcy! We will take the time necessary to explain all of your available options and then help you find the best option that suits your individual needs.

Filing for bankruptcy will relieve the mental and emotional stress you are going through, stop your wage garnishments and the hassles associated with debts collectors.

End the Harassment

Scott Blotter Will Step Between You and Your Creditors

Once you retain us to help you with your bankruptcy you can start referring creditor calls to us. The moment you file for bankruptcy, the credit collection agencies must cease hassling you immediately and deal with us instead. Do something about your debt now, rather than constantly worrying at home or work, call and discuss your options with us today.

Scott Blotter will listen to you and evaluate your financial problems and advise you on all possible solutions. Even though filing for bankruptcy isn't pleasant, the benefits are immediate.

You can go home and relax for possibly the first time in a ages knowing that you will receive a new start with a budget you can afford and control. You can answer the phone again.

Chapter 7 Bankruptcy

Chapter 7 Bankruptcy is frequently called a "fresh start" or "liquidation bankruptcy". Chapter 7 Bankruptcy is a fresh start bankruptcy because that is what you receive...a fresh start. With the exception of certain non-dis-chargeable debts, most of your debt is discharged (erased) in a Chapter 7. Chapter 7 Bankruptcy is also a liquidation bankruptcy because any non-exempt asset that you have may be take and sold by the Chapter 7 trustee. The Chapter 7 trustee liquidates your non-exempt assets and returns what money she receives from the liquidation of those assets to your creditors. Utah has exemptions which protect certain assets from liquidation. These exemptions may or may not have dollar limits and include such things as a home, beds, washer/dryer, clothes and others.

A Chapter 13 Bankruptcy Is Often a Viable Option

Chapter 13 Bankruptcy is a great option several reasons. Similar to a Chapter 7 Bankruptcy, a Chapter 13 Bankruptcy also stops creditor harassment, garnishments, foreclosures and other attempts to collect debt. A Chapter 13 Bankruptcy provides a tool for paying back a part of your debt. In a Chapter 13 Bankruptcy you can cure mortgage arrears ages over time, you may be able to "cram down" the debt on your vehicles so that you pay what the vehicle is worth instead of what you owe on the vehicle, and you can include taxes in the Chapter 13 payment plan.

Legal Disclaimer

The information provided in the ScottBlotterLaw.com web site is offered purely for informational purposes. It is not intended to create or promote an attorney-client relationship, and does not constitute and should not be relied upon as legal advice. It is not intended to seek professional employment in any state where lawyers in the firm are not admitted to practice, or in any state where this web site would not comply with applicable requirements concerning advertisements and solicitations.